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liq [111]
2 years ago
9

Engineers for The All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output

. Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases.
Business
2 answers:
Trava [24]2 years ago
7 0

Answer:

the average cost to reduce

Explanation:

In this situation, when The All-terrain Bike Company increases input (capital and labor) and this causes a proportional increase in output, this scenario The All-terrain Bike Company experiences is called a constant returns to scale which gives rise to decreased average costs.

This happens because buying larger quantity of inputs gives rise to a reduced cost of purchase because these things are being bought in bulk.

ella [17]2 years ago
5 0

Answer:

Average costs to remain constant

Explanation:

In economics, a look at the constant-cost industry reveals that total output can expanded without an increase in the individual firm's average total cost. This is because when input prices remain constant , the long-run supply curve in a constant-cost industry is perfectly elastic.

Also, since 15% increase in all inputs cause a 15% increase in output; such change shows that if input prices remain constant, average costs will remain constant too.

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3 years ago
There will be a higher equilibrium price and lower quantity if _____.
Naddik [55]

Answer:

Supply increase and demand decreases

8 0
3 years ago
What Supreme Court decision overturned Plessy v. Ferguson? A. Brown v. Board of Education B. Engel v. Vitale C. Marbury v. Madis
alina1380 [7]
<span>What Supreme Court decision overturned Plessy v. Ferguson?

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2 years ago
1. A U.S. company anticipates that it will sell merchandise for €100,000 at the end of August and receive payment for it at the
mamaluj [8]

Answer:

C. $200 net loss

Explanation:

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2 years ago
The Work Breakdown Structure (WBS) is normally developed by listing deliverables - major deliverables first and then progressive
AURORKA [14]

Answer:

The correct answer is True.

Explanation:

The steps to follow to create a work breakdown structure are as follows:

1. Organize a meeting and share with the main stakeholders: team members are one of the most valuable assets in the process of creating the work breakdown structure. They have the knowledge, experience and creativity necessary to define each deliverable reaching the most specific details.

2. Complete the definition of all project deliverables: it is about going one step beyond the level reached in the planning and 100% complete the information on all project deliverables, including internal and external, associating each one with its estimated completion time.

3. Break down each deliverable into smaller, more manageable parts: it is about achieving a realistic level of work planning by the project manager, which ensures that, without interfering with the total estimated project deadline and the overall plan, it can be completed by the work teams. It is about determining work packages. These units constitute the lowest level of the EDT and are pieces of work that are specifically assigned to a person or a team of people to be completed, under the supervision of the Project Director. It is recommended that they focus on a single point of responsibility. The work packages will be used later to define the activities and tasks in which the project is divided.

4. Review the results obtained: with the stakeholders, both at the time of finalizing the elaboration of the work breakdown structure, and when modifications or updates are included, if applicable. It is essential to avoid overlaps.

7 0
3 years ago
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